Show LIFE INSURANCE AID to SAVINGS I 1 EXECUTIVE ASS ASSERTS 13 THRIFT UY BY INSURANCE investment its REWARD SHOULD bl BEGIN WITH YOUTH NEED N AS HIU lIr A NATIONAL WELL AS AN individual ASSET ily fly ri EDWARD A WOODS I 1 i editors note edward adward A woods is general agdan tor for the F quit ablo life As surane ei ci companies whilo 1116 ca ure nio located in III lio lie is in known froal conat coast to conal by men of all compan lF lm B as aa one or of tile most and tire los lita workers in ili the profession with n broad but comprehensive better in ill ft future which will seo see life in in ili Hur Hii ranco arice na as universal lio life unit and happiness tile primary idea of life insurance Inaura of 0 course is in protection but bo be cause in ili this respect life only will do something that nothing can call another important byproduct hy nodule of life insurance lins huu otton often oen een overlook overlooked od which alono alone would justify this groat american cioll that ili IB its ith influence in ili liik ing thrift i badly us thrift la is needed oven in rich pio quirica there are aio poll pal actively tow fow institutions for cor promoting 1 agular lOBit lur ne will say aay at conety there are ara tho the banks building and loan associations life insurance Inaura com coal banle panle allies nond llouis of course these are uio among our most moat important and moat prosperous institutions dut but tile banks example have i not yet worked out a plan under which a systematic inducement la Is at 0 lored arod for saving mono money v week by adek month by month rooi ith or year by year savings banks fire are local institutions conveniently altu atod leoro accessible than most moat lite life ansur tince offices doing excellent advertis edve ala trig ing with able directors locally known giving tile tho banks banka standing and they offer after excellent facilities to those do string to save bava money to do so but they do soom seem to tall fall short in offering tho object objective iv thoy they should for forming habits of thrift i aloys ini alid tho hanics I 1 it a man mail desired to encourage enco lital hla son eon to savo save money regularly the savings banks dachs does offer facilities for doing oo ao it if the son wishes too Pup suppose pose for example a fattier father does persuade tits hla son that he put 1 by y 10 a month in a savings dank bank aho the batik bank will accept tits hla deposit take good care of lila his money and return it to 0 him with good interest but how bout about tile tho next month and the sue suc aling months will he continuo tin is deposits 1 when ono one begins to inquire as aa to what other institutions there are that tend to form thrift habata which can b e d di dc finot as aa a practice at 0 saying saving money systematically month by month or year by year la is one not surprisingly limited to very few institutions thoro there are tho the building and loan associations do it ii thero there are local institutions institution in massachusetts and some other slates that do it bonds may be bought upon the instalment installment plan real eal estate may bo be bought and paid tor or by systematic payments but heso are little used com red to the total population of tho the country fittry who should be saving sav irig 1 thrift via insurance ranco r life insurance In aurance h ono one institution that encourages a man to 0 o K aside it a certain amount 0 biolley at a regular date tor for a regular lilar period A man who takes a life ftfe insurance policy whether he ha pys flays for it monthly quarterly aerni or annually practically commits himself to a plan or laying by a definite amount of money to tie be paid at a definite time and for or a cori cari duill period a long time allond tor for twenty years thirty years or a lifetime what an ail effect this habit babit has hall had upon the people who are utilizing it Is hard to conceive j i nut but whon when wo we speak ot of extravagant r ind shiftless shirtless americans thure there Is sat cat f in fit feeling that through this i institution which lias has boon been developed in n abrica to an ail extent ill all tile tho rual rest ot of tile world put together the majority 0 of tile population are in ili this wily way lit ill least cultivating and actually practicing illi thrift in its best beat benso I 1 I 1 there are at least kinds of in flur sur alico that one can call through an ail incorporated insurance ranco tion in ili all of theio with tile atlon of lite insurance tho amount paid limet bo charged oft off am aa an all expense automobile lio plate glass burglary unit anil other illarr aello that ono one buys buya nelra Nel rl list life insurance la Js money saved just as aa surely all aa death im ath la Is corta certain 11 t hie insurance should bo be considered as aa lioney saved not spent in ones lodger ledger otio ono should charge ott oil tile premiums lutus paid for or all those othor fornis ot of insurance tor for nothing Is 14 eL elved on oil thoin thein unless tt a loss loaa occurs only tho the loss losa of oc lifo la ili ceita lii ihu influence of lite insurance ranco lit encouraging young people nion mon und and women to cultivate tile tho habit ut or 11 AILL pol claps aloalo justi lloil its ily 0 Is An torlea boods such lul loiis thoy they inest in increase creaso banks fiust discover sunio way of ancoin aiding 1 regular gular ry monthly or weekly deposits alta tur for a period of 0 ial cut blobs aio 1110 uno one illustration ot of how it can call bo be dona but this thia la ili really conoy daved haved to bo be apont lit at the und of a bouru thau illo iho young man who to say money illo lloy tor for it long period ahead la Is cur ui daill to bo be it a bettor cl llon it 0 prosperous a thrift thriftier ler and ll 11 butter boiler juuti tur or tho the community tho file late lalu J 1111 and tile lito ito A burton ballon hepburn said two things that should bo be impressed upun upon uto kulild of 0 every young or 01 for that matter ovary every young and old poison it you want to know whether you aro are destined to bo be a success or noti not you can call easily thill ind out tile tho test id 13 and Is infallible aru aro you able to to save aavo Blu lloy if not drop out you will loso yet may think not but you will loso lose as aa sure as fate fata for tho the sued ot of success Is not in you jamos J ot of course inquiries concerning a mans man s life insurance will not answer all tile the questions involved in ili thu tho mattor matter ot of extending cradit nor any ot of them conclusively but I 1 doubt if there la Is any one ona file of inquiry Inri ulry that could lo 10 made ot of a man illan who has haa reached middle age after having beon been on oil in business for several years that would come its as near showing both bolh abi ability aty ind and dutell 0 tb obligations and koop llou A 13 artun |